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This paper estimates the burden of lost producer surplus imposed on landlords by rent control. The approach employed measures the reduction in Marshallian quasi-rent from the side of the derived demand for factors rather than the short-run supply of housing.A constant elasticity of substitution...
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In 1829 the New York legislature granted new charters to 28 banks. Over $5 million in capital was subscribed by 1745 individuals or entities. The average distance from investor to bank is less than 40 miles, and the average number of investors is 75 per bank, with ownership and control closely...
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